The Role of Media Coverage in Corporate China

• Main Authors: WANG, Jiwei, YE, Kangtao
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Accounting; Asian Studies
• Online Access: https://ink.library.smu.edu.sg/soa_research/895; http://etnpconferences.net/efa/efa2012/User/Program.php
• Institution: Singapore Management University

We find that Chinese media can still play monitoring role in listed companies although the media is highly controlled by the government. Firms with more media coverage tend to use more effective pay-for-performance compensation packages and are more likely to introduce independent directors and hire...